International records / African Development Bank

Nigeria - The Development Bank of Nigeria - A USD 61 Million Gender-Focused Financial Package - Project Summary Note

A USD 61 million financial package consisting of (i) a USD 50 million gender-focused senior loan availed under the Bank’s non-sovereign operations (NSO) window to support women-owned/led SMEs (WSMEs) and other women-empowered indigenous firms, with strong emphasis on inclusiveness, also to support typically underserved groups such as youth, rural enterprises. From a sectoral perspective, the facility will support economic sectors such as agricultural value chains, commerce and domestic trade, clean cooking, efficient housing, education, healthcare, ICT, and renewable energy, (ii) a USD 8 milli…